A new prototype race car for the European Le Mans Series LMP3 category has been announced by US designers Ave Motorsports and Riley Technologies.

The American duo, who are both based in Charlotte, North Carolina, are joining forces to produce a new car - the AR2 - for the newly-formed LMP3 category, which will debut in this year's European Le Mans Series and Asian Le Mans Series.

Ave Motorsports and Riley Technologies hope the AR-2 will be a competitive and suitable option for several racing series in North American as well as in the Le Mans series. The two companies have already built the 17 AR-1 together which has raced in North America for several years.

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"I am looking forward to my next project working with Riley-designed cars," Tony Ave said. "The relationship has been the foundation of Ave Motorsports from the beginning, during the Oldsmobile Pro Series days, through the resurgence of Trans Am where we have won four of the last five championships and have produced 17 customers' cars in recent years."

Riley Technologies echoed their partner's comments and said they are upbeat about their new prototype.

"When the ACO announced the LMP3 we were very excited," Bill Riley said. "After going through the rules, and having the car start to transform from design into reality, I think the ACO hit their marks for a great car."

The construction of the AR-2 will begin in the coming weeks in preparation for the new season.